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Inter Corporate Deposit Agreement Pdf

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Inter Corporate Deposit Agreement Pdf

D. The lender has agreed to ensure the timely repayment of the loan, as well as the interest, by creating, for the benefit of the lender, a pledge with the securities which appear in full in the Appendix to the Annex and which are considered to form an integral part of this Agreement. B. The borrowers turned to “The Lender” to grant inter-corporate deposits of Rs. _____i.e.____________ (5) It is therefore agreed that the borrower shall mortgage the shares of 123 LTD, the details of which are set out in Annex I and shall be considered as part of this Agreement the `guarantees`. (2) The mentioned inter-corporate deposit must be paid with interest of ____% per annum which is payable with _________ The remainders. In the event of late payment or late payment, whether capital, interest or part thereof, the lender is entitled and the borrower is required to pay interest punishable in payment of _% per annum in addition to the aforementioned interest. One. The borrower is one of the 123 LIMITED group companies, a company established in accordance with the provisions of the Companies Act 1956 and whose registered office is located in ____ ACCORDINGLY, the parties have signed this Agreement, accepting all the aforementioned conditions, on the aforementioned date and place. 6. It is expressly agreed by the parties and between them that in the event of a downward revision of the market price of the shares of 123 LTD, the borrower/conveyor alone must mortgage these other shares of 123 LTD for the benefit of the lender, in order to guarantee a margin of _______ % between the amount of the loan with interest and securities. 4.

In the event that the lender sends the notification to the borrower in order to offset the margin on the securities (in this case ____%) and the borrower is unable to meet the margin within the period indicated in the communication and/or is unable to honour the margin, the borrower shall be deemed to be in arrears under the terms of this Agreement and, in this case, it is legal (but not mandatory), by the borrower, the repayment of the loan as well as the remaining interest and the borrower is required to repay the loan in full with the interest thereof without objections and / or demur. This document consists of a draft inter-corporate agreement / Loan Facility Agreement between the lender, borrower and pledge creditor, in order to give and send the borrower an internal deposit in an editable word format, so that it is convenient to use time and effort and save time. ___________LTD, a company established under the Companies Act 1956, established in ______ that the borrower will not repay and/or repay the amount of the loan or the amount of interest on the due date, it is legitimate for the lender, at the expense and expense of the borrower, of all or part of the equity shares of 123 LTD, either under a private agreement or on the open market: by selling or selling, and the net proceeds thereof to satisfy the loan amount or interest, in the meantime. . . .

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